Bermuda-based Armour Reinsurance Group Holdings Limited announced the appointment of Steve Ryland as Senior Vice President of the Group. His experience is in the areas of insurance run-off and the provision of services to discontinued insurance and reinsurance entities. Ryland …
Possible insurance department fines against insurance agents who violate North Dakota laws governing their conduct are increasing from a maximum of $1,000 to $10,000 per incident. Insurance Commissioner Adam Hamm said the change was motivated by some high-profile cases that …
A cargo ship and a chemical tanker have both been hijacked by pirates in the perilous waters off the coast of Somalia, bringing to four the number of ships seized in the past week, officials said Saturday. The multiple hijackings …
Frank H. Ahlborn has been appointed vice president and treasurer of Houston-based HCC Insurance Holdings Inc. Ahlborn joins HCC with more than 15 years’ experience in insurance product analysis and development, reinsurance funding solutions, fixed income structuring and capital raising. …
Willis Group Holdings announced that its reorganization has been completed and the new parent company of the Willis Group – known as Willis Group Holdings Public Limited Company (PLC) – is incorporated in Ireland. Willis first announced the reorganization in …
A Gresham, Ore., man has filed a lawsuit against baby product maker Amby Baby Motion following the death of his five-month-old boy in August. The death was the second linked by the U.S. Consumer Product Safety Commission (CPSC) to a …
Global specialty insurer Torus has named Jackie Richardson as Sr. VP, Head of Global Human Resources. She reports to Global Chief Operating Officer, Naveen Anand, and will “implement and lead the Human Resources strategy for the Group worldwide,” said the …
USHT Inc., a managing general agent and surplus lines agency based in Dallas, is now offering a homeowners deductible buy-back policy in Texas. The Texas Homeowners Deductible Buy-Back Policy is a separate policy that is written on a following-form basis …
A top executive at American International Group Inc. has resigned because of pay curbs imposed by the Obama Administration’s pay czar, the insurer said last week. Anastasia Kelly, AIG’s vice chairman for legal, human resources, corporate affairs and corporate communications, …
Foremost Insurance Group of Caledonia, Mich., is expanding its Dwelling Fire program in New Mexico and Wyoming, to accept more landlord and rental property customers, and offer lower rates and new, larger discounts. Typically known as the solution for hard-to-place …
